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Fabled Copper Corp
Symbol FCO
Shares Issued 44,009,760
Close 2020-02-03 C$ 0.025
Recent Sedar Documents

Fabled drills 1.5 m averaging 1.64 per cent Cu at Muskwa

2020-02-13 20:03 ET - News Release

Mr. Eugene Hodgson reports

FABLED COPPER CORP. PROVIDES RESULTS OF 2019 EXPLORATION PROGRAM

Fabled Copper Corp. has released the results of the 2019 exploration completed on its wholly owned ChurchKey and Muskwa properties late in 2019. The properties lie in northeastern British Columbia and include the historical Churchill copper mine and the Davis Keays mine. The program commenced near the end of September, and fieldwork consisted of geological mapping and sampling and 1,000 metres of core drilling under the historical Neil vein showings.

Geological mapping and sampling

Geological mapping and sampling were focused on the Toro claims (Muskwa property) and Magnum claims (ChurchKey proprety). Minor sampling took place on the Neil claims (Muskwa property). The majority of samples was grab samples of mineralized outcrop. Samples from the Toro claims were taken from the north and south parts of the claims area. Mineralized results ranged from 1.13 per cent copper to 4.35 per cent Cu. The Magnum samples collected traced the mineralized outcrop for more than 500 metres along strike. Results ranged from 1.18 per cent Cu to 22.69 per cent Cu. The higher-grade results are most likely a function of oxidized mineralization. Most of the samples taken from the Neil claims returned low percentage results with the only sample above 1 per cent Cu, such sample displaying 5.44 per cent Cu.

Drilling

The company completed six holes totalling 1,000 metres of core drilling under the Neil showings with the intent of demonstrating the downdip potential of the Neil vein. Drill hole CK19-01 was drilled to test the source of an airborne electromagnetic resistivity anomaly and weak conductor. The hole intersected a thick black mudstone, explaining the resistivity anomaly, but did not intersect any conductors. Drill holes CK19-02 and CK19-03 missed the Neil vein. Three of the holes (CK19-04, CK19-05 and CK19-06) intersected the mineralized Neil vein. The mineralized intersections are found in the attached table. In spite of intersecting chalcopyrite mineralization in all three of the holes that intersected the Neil vein, the analyses did not record any copper. The company is checking the analyses with a different digestion to investigate why the analyses were incorrect and will provide updates accordingly. The best intersection was in hole CK19-05, which intersected 1.54 metres averaging 1.64 per cent Cu. The surface mineralization of the Neil vein outcrops at a 2,350-metre elevation while DDH CK19-06 was collared at 1,700 metres, which gives a downdip extent of the vein of 650 metres.

                     MINERALIZED DRILL HOLE INTERSECTIONS 
 
Hole ID        From (m)        To (m)     Width (m)                             Geology

CK19-04           66.2          67.2             1               brecciated quartz vein
CK19-04          65.29          66.2          0.91                 sheeted quartz veins
CK19-04           67.2          68.2             1            brecciated shale with Cpy
CK19-04           68.2          69.5           1.3            brecciated shale with Cpy
CK19-04          86.24         87.24             1              qtz vn breccia with Cpy
CK19-04          87.24         88.24             1              qtz vn breccia with Cpy
CK19-04          88.24         89.36          1.12              qtz vn breccia with Cpy
CK19-04          89.36         90.88          1.52         bl ms with qtz veins and Cpy
CK19-04          90.88         92.68           1.8         bl ms with qtz veins and Cpy
CK19-04          92.68         95.44          2.76         bl ms with qtz veins and Cpy
CK19-04          95.44         96.03          0.59         bl ms with qtz veins and Cpy
CK19-04          96.03         97.16          1.13         bl ms with qtz veins and Cpy
CK19-04          97.56         99.09          1.53         bl ms with qtz veins and Cpy
CK19-05          75.59         77.43          1.84         sheared bl ms, CPY stringers
CK19-05          77.43         78.13           0.7         sheared bl ms, CPY stringers
CK19-05          78.13         79.55          1.42      sheared bl ms, fine-grained CPY
CK19-05          79.55         80.77          1.22      sheared bl ms, fine-grained CPY
CK19-05          80.77          82.3          1.53      sheared bl ms, fine-grained CPY
CK19-05           82.3          82.7           0.4           Cpy mineralized in qtz ven
CK19-05           82.7          83.8           1.1           Cpy mineralized in qtz ven
CK19-05           83.8         85.34          1.54           Cpy mineralized in qtz ven
CK19-05          85.34         86.63          1.29              qtz vn breccia with Cpy
CK19-05          86.63         88.41          1.78            bl ms, minor Cpy in stgrs
CK19-05          88.41         89.92          1.51            bl ms, minor Cpy in stgrs
CK19-05          89.92         92.95          3.03            bl ms, minor Cpy in stgrs
CK19-05          92.95          93.3          0.35              qtz vn breccia with Cpy
CK19-05           93.3         95.12          1.82         sheared bl ms, CPY stringers
CK19-05          95.12         95.47          0.35                   bx qtz vn with Cpy
CK19-05          95.47         96.95          1.48         sheared bl ms, CPY stringers
CK19-05          96.95          97.8          0.85                      qtz vn with Cpy
CK19-05           97.8         100.3           2.5                sheared bl ms, tr Cpy
CK19-06          53.34         54.34             1               qtz stockworks, tr Cpy
CK19-06          54.34          55.9          1.56               qtz stockworks, tr Cpy
CK19-06          56.75         58.15           1.4               qtz stockworks, tr Cpy
CK19-06            120           121             1             bx bl ms with qtz stkwks
CK19-06            121        121.92          0.92               qtz stockworks, tr Cpy
CK19-06         121.92        123.44          1.52                          qtz vein bx

About Fabled Copper Corp.

Fabled is a publicly listed mineral exploration company, whose primary business interest is in the Muskwa and ChurchKey copper properties, located in Northern British Columbia. Further information about the Muskwa property can be found in the National Instrument 43-101 technical report on the Muskwa project and the NI 43-101 technical report on the ChurchKey property, filed under the company's profile on SEDAR.

The technical information contained in this news release has been approved by John Kowalchuk, PGeo, vice-president, exploration, of Fabled, who is a qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

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